Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
It’s been a half century since Australia and China established formal relations, but neither side is really celebrating. After several years of growing tensions, the potential for a reset under Australia’s new Labor government is in question as trade sanctions remain and diplomatic disputes persist.
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This Week in Crypto: FOMO Returns, 3AC Founders Seek Funding (Podcast)
The Global Legal Fallout of FTX (Podcast)
Rachel Butt and
Olga Kharif
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Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Crypto Firm Genesis Bankruptcy Filing Is Expected This Week – Bloomberg
